| Market Cap | ₹2,185.56 CrMid-cap |
|---|---|
| Order/TTM Rev | 33.4%Revenue impact |
| RSI | 38.16Neutral zone |
| Order from | JNK Global Co., Ltd., Korea |
| Execution period | 18 months (FOB delivery) |
| Deal value | ₹300 Cr |
| Share of market cap | 13.7% |
| Share of annual revenue | 33.4% |
Key highlights
- Order value classified as Major, representing a range between ₹300 crore and ₹600 crore
- Contract awarded by JNK Global Co., Ltd., Korea, a promoter group company
- Scope includes design, engineering, supply, and transportation of Heater Packages
- Project execution timeline set for 18 months on a Free on Board (FOB) delivery basis
- Contract is a related-party transaction executed at arm's length
Major Export Win from Promoter Entity
JNK India’s latest contract is valued at ₹300 crore, representing approximately 13.7% of its current market capitalization and more than a third of its trailing twelve-month revenue of ₹899.42 crore. The order, received from promoter JNK Global Co., Ltd., Korea, involves the design and engineering of heater packages for an international project located in Nigeria. This win is classified under the company's Major project category, which covers orders ranging from ₹300 crore to ₹600 crore.
The delivery is scheduled for completion within 18 months, reinforcing the company's export pipeline and its strategic partnership with its South Korean promoter.
Contract Specifications and Execution
- Nature of work involves comprehensive design, engineering, and supply of Heater Packages
- Delivery terms are specified as Free on Board (FOB) within an 18-month schedule
- The project is for an overseas facility in Nigeria, expanding the company's African footprint
- Transaction is conducted at arm’s length with no potential conflict of interest reported
- Promoter JNK Global Korea remains a primary source of high-value international orders
Strategic Context and Order Book Growth
The company’s order book stood at ₹1,801 crore as of June 30, 2026, and this new award significantly advances the management's target of exceeding ₹2,000 crore in FY27. JNK India has maintained a strong momentum in international markets, recently securing an incinerator package for ADNOC's TA'ZIZ project in Abu Dhabi. While the industrial heating segment remains the core revenue driver, the company is actively pursuing a strategy to increase its non-heating segment contribution to 40% over the next three to five years.
With a P/E ratio of 29.02 compared to the industry average of 77.52, the company continues to leverage its technical expertise in refinery and petrochemical equipment.
| Date | Announcement | Amount |
|---|---|---|
| 29 Sep 2026 | Two orders from an Indian customer for supply and installation services of a flare packageSource: sahi.com | ₹29.21 Cr |
| 08 Jun 2026 | Large export order from CC7 Emirates Engineering Solutions L.L.C. for an incinerator package for ADNOC's TA'ZIZ Salt Project in Abu DhabiSource: NSE filing | – |
| 27 Mar 2026 | Major order from JNK Global Co., Ltd. for cracker furnace package support services and supplies for a refinery project in IndiaSource: BSE filing | – |
| 06 Oct 2025 | Ultra-mega order from JNK Global Co., Ltd. for cracker furnace package support services and supplies for a refinery project in IndiaSource: jnkindia.com | – |
| 22 Aug 2025 | Significant order from JNK Global Co., Ltd. for design and engineering support for cracker furnace package of a refinery project in IndiaSource: NSE filing | – |
| 06 Feb 2025 | Significant order from JNK Global Co., Ltd. for heaters package for Pengerang Biorefinery project in MalaysiaSource: NSE filing | – |
What to watch next
- Board meeting on November 05, 2026, to approve financial results for the quarter ended September 30, 2026
- Progress on the execution of the ADNOC TA'ZIZ Salt Project incinerator package
- Updates on the company's target to achieve ₹1,300–1,500 crore in new order inflows for FY27
| Share price | ₹390.6 |
|---|---|
| Market capitalisation | ₹2,185.56 Cr |
| Revenue (annual) | ₹818.55 Cr |
| Net profit (annual) | ₹64.95 Cr |
| Revenue (latest quarter) | ₹179.96 Cr-46.83% vs previous quarter |
| Net profit (latest quarter) | ₹11.47 Cr-64.88% vs previous quarter |
| P/E (TTM) | 29.02×Sector 51.69× |
| Promoter holding | 67.79%0.00% QoQ |
| FII holding | 0.15%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by JNK India Limited announcing the receipt of a major order from JNK Global Co., Ltd., Korea. Market figures from a third-party data provider.
